WebacyStablecoin Universe
OverviewAlertsBackingYieldUpcomingEventsVault IncidentsGraveyardSupply FlowsStablecoin BurnsFreeze IntelligenceModelDocsVault UniverseEcosystemVault StatsProtocolsAbout
← Back to vaultsDocumentation

Yearn Degen USDC

0x36b69949d60d06eccc14de0ae63f4e00cc2cd8b9View on depeg monitor →

arberc4626 vault19.5 (low)Needs attentionStale (53d)

Last scored: 4/16/2026, 9:25:18 AM⚠ May be stale

Low risk19.5/100High risk

Top 3 risk drivers

  1. Centralization40 pts(+4.80 to score)
  2. Strategy50 pts(+2.50 to score)
  3. TVL outflow100 pts(+2.00 to score)

Share price: $1.0390

Score history (30d, 63 snapshots)+82 pts since 2026-04-02
788050100

Alert History

Loading alert history…

✓ Safe to list

Low composite risk score. Standard disclosures apply.

TVL trend

TVL down 6340% in 30 days— outflow risk

What's in this vault

Deposits

USDC

LST / LRT collateral— 18.6% of TVL

wstETH

LST/LRT collateral carries redemption lag — under correlated sell pressure, exit queues can stretch hours to days.

What this vault is exposed to

You deposit USDC. Here's what backs your position.

syrupUSDC
25.7%
$230K92% LTV
wstETH
18.6%
$167K86% LTV
PT-USDai-18JUN2026
17.6%
$157K92% LTV
WBTC
17.5%
$156K86% LTV
thBILL
13.1%
$117K95% LTV
sUSDS
7.4%
$66K95% LTV
sUSDai
0.2%
$1K92% LTV
WETH
0.0%
$086% LTV
?
0.0%
$0
siUSD
0.0%
$092% LTV

Source: Morpho markets

Rating breakdown

Sub-scores sorted by contribution. Each bar is relative to the top contributor.

TVL outflow100
liquidation_proximity85
Strategy50
Centralization40
audit_recency31.7
oracle20
looping19.3
Size10
Maturity10
Asset5
fee_drain5
Protocol risk1

Score 20 (LOW). Primary drivers: centralized governance, high utilization, complex strategy.

Risk flags

2 audits on record · last 2.3yr ago
Statemind, ChainSecurity
EOA ownerHigh utilisationliquidation_proximity_riskLST redemption lagmetamorpho_fork_donation_riskshared_market_risk

Recursive lending & looping

Loop exposure

25.7%

Looping TVL

$230K

Morpho looping markets

syrupUSDC → USDC
LLTV 92%$230K↗ Morpho

Trading Strategy technical risk

From Trading Strategy's Vault Technical Risk Framework

Negligible

Funding regime

Perp funding rate data (healthy vs compressed/inverted) will indicate when vault yield is from stable vs stressed conditions. Coming soon.